{"id":90667,"date":"2026-05-08T13:01:31","date_gmt":"2026-05-08T13:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=90667"},"modified":"2026-05-08T13:01:31","modified_gmt":"2026-05-08T13:01:31","slug":"coinbase-wants-to-become-an-everything-exchange-as-crypto-speculation-slows-and-traders-shift-to-prediction-markets-gold-and-oil","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=90667","title":{"rendered":"Coinbase Wants To Become An &#8216;Everything Exchange&#8217; As Crypto Speculation Slows And Traders Shift To Prediction Markets, Gold And Oil"},"content":{"rendered":"<div>\n<p><strong>Coinbase<\/strong> <a class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) is leaning harder into prediction markets, derivatives and commodities trading as speculative crypto activity slows, with executives pitching the company as an &#8220;everything exchange&#8221; after <a href=\"https:\/\/www.benzinga.com\/markets\/earnings\/26\/05\/52392078\/coinbase-q1-highlights-double-miss-market-share-record-high-prediction-markets-one-of-fastest-product-launches-ever\">reporting weaker-than-expected<\/a> quarterly results on Thursday.<\/p>\n<p>Shares of the crypto exchange fell about 5% in premarket trading on Friday after a surprise first-quarter loss and missed Wall Street estimates on revenue. <\/p>\n<h2 class=\"wp-block-heading\">\u2018Something\u2019s Always Up, Something\u2019s Down\u2019<\/h2>\n<p>Executives spent much of the earnings call emphasizing newer businesses that they say can reduce the company&#8217;s dependence on volatile crypto trading cycles.<\/p>\n<p>&#8220;Something&#8217;s always up, something&#8217;s down \u2026 that&#8217;s the nature of trading, so it&#8217;s important we&#8217;re diversifying,&#8221; Chief Executive <strong>Brian Armstrong <\/strong>said on the call.<\/p>\n<p>Coinbase said prediction markets \u2014 launched in partnership with <strong>Kalshi<\/strong> earlier this year \u2014 reached an annualized revenue run rate of $100 million in March, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/26\/05\/52407191\/coinbase-wants-to-become-an-everything-exchange-as-crypto-speculation-slows-and-traders-shift-to-predictio?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Coinbase\" wants to become an exchange as crypto speculation slows and traders shift prediction markets gold oil>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase (NASDAQ:COIN) is leaning harder into prediction markets, derivatives and commodities trading as speculative crypto activity slows, with executives pitching the company as an &#8220;everything exchange&#8221; after reporting weaker-than-expected quarterly results on Thursday. Shares of the crypto exchange fell about 5% in premarket trading on Friday after a surprise first-quarter loss and missed Wall Street [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-90667","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90667"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90667\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}